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carlson. sorry kids. you don't have to go to school today. michigan teachers fighting against the bill that gives workers the right to not pay dues. >> steve: washington can't find a solution to the fiscal cliff . but someone who fixed budgets in the past know it is simple. >> if i raise taxes again i will have to do it in two or four years . people are going to leave. >> steve: find out how america's mayor did it straight ahead. straight ahead. feel a cold coming on? gretchen, you will be better in no time. we'll drink to that. >> you will be better in no time and all of my teases will rhyme today. "fox and friends" starts right now. ♪ ♪ "fox and friends". >> steve: ho, ho, hompt look who is here today eric boling. >> gretchen: you get your own personal lurch. >> eric: good to be here. >> steve: you will find out how booze, beer and wine can make you healthier. the news we have all waited for. >> gretchen: yeah, a lot of people waking up with a headache. now it makes sense why i drank so much last night. overnight a developing story. a medical chopper went down last night leaving
, michigan right to work pushes through. hundreds of pro union workers rush the state capitol. the top of the hour, we'll have that. now, i have the seven early movers including special dividends, charles payne used do this and he's going to offer a commentary how good i am at it. publisher mcgraw-hill, aboard that special dividend. payable. december 27th. and medical imaging company and logic, down figure time, four bucks. sirius xm radio, a special dividend 5 cents a share, get paid this year. stock is up. yes, it's unchanged. and drug maker hiring a sales force for cholesterol reducing fish oil pill, and investors thought the company would have a partner by the now still the stock sup. better news for biodell, the fda granted tax credits for the new hypoglycemia drug and that stock sup. einstein's bagel, a special dividend $4 a share from a bagel company. they pay you december the 27th. the market likes it. home builder dr horton, pay of 15 cent dividend, special. december 23rd, you get the cash. the market likes it, up it goes. that's the end of seven early movers, did i do okay. c
. controversial right-to-work measures will soon be the law of the land in michigan. republican governor rick snider signed the law despite wide protests at the capitol. the law will make it illegal for a union employee to pay union dues as a condition of their employment. >> let's explain that. just for half a second. then we'll go on. right to work, what does it mean? people ask me, what does it mean? it means unions can force somebody to pay them if they want to get a job in the state of michigan. >> well, what it means is, if you get a job, the union extracts money from your paycheck for the dues for union dues. >> well, yeah. >> automatically. >> automatically. >> you've got no choice. oh, you want to work here? well, you've got to pay us. >> right. >> what if i don't want to pay you? what if i don't want to support the candidates you support? what if they're the antithesis of my values? too bad. and so i've never understood this. >> governor snider says it was the unions who started the fight in the first place. by trying to add collective bargaining rights in the state's constitution.
♪ >> battle ground michigan. bailout taxes, yes, the wolverines state set a stage today. item one, four hours from now, president obama visits a suburb of detroit. in that near bankrupt city asks for a bailout. will the president oblige. organizationed labor health. the right to work legislation. the unions hate it. will the president step in? . detroit voted for him, the unions, mr. obama is there, what is he going to do? china is here buying part of the bailed out aig, buying 123 battery company and buying american mansions. that's what happens when china has the money and we've spent all of ours. or losing money can pop up anytime. that's why she trades with the leader in mobile trading. so she's always ready to take action, no matter how wily... or weird... or wonderfully the market's behaving... which isn't rocket science. it just common sense. from ameritrade. i heard you guys can ship ground for less than the ups store. that's right. i've learned the only way to get a holid deal is to camp out. you know we've been open all night. is this a trick to get my spot? [ male announcer ] brea
what happened in michigan. kaboom. >> brian: first we called him an owner and then a governor and then mr. president . soon someone might be able to call him grandpa. "fox and friends" will have that story. it starts now. ♪ "fox and friends". >> gretchen: good morning, everybody. we'll start with a folks news alert. breaking newings. witnesses say he stormed in a portland, oregon mall shouting i am the shooter. terrified shoppers tried to run for safety. the man wearing body armor and came flauge killed two people and seriously injured a third before taking his own life. many escaped and others hunkered down. the mall remains closed today and police have yet to release the name of the shooter although they know who he s. >> steve: shawn [-fls] shopping in the mall when they heard the gunshots and they join us live from portland. thank you for joining us. >> thank you for having us. >> steve: shawn you and your girlfriend and ryan had just sat down in the food court and made a purchase at panda express and opened a fortune cookie that said what? >> i opened my fortune cookie
and wisconsin. parts of michigan but there will be mostly rain from chicago southward. this just kind of sticks with us for the next couple of days. so get ready for that. it's been very cold across alaska for a lot of last month or so. they have had the colder airs alaska and into canada. some of that cold air is spilling into canada because it's getting closer to the lower 48's. impulses of that air at least moving in towards us. we will deal with winter-like weather. at least temperaturewise. finally getting in towards our area. today's temps looking like this. not that bad for anybody. tomorrow much colder in across parts of the plains. >> we will take it coming up on the show. activists say he killed 40,000 of his own people and nows that ha chemical weapon. now big is syria's president to our national security. tony shaffer is here next with his thoughts. he is meant to bring joy at christmas time. this is an that is stirring up trouble instead. controversy coming up. [ male announcer ] this december, remember -- you can stay in and share something... ♪ ♪ ...or you can get out there w
in michigan's capitol city, where legislation is about to be passed that could weaken the power of unions. protestors are furious. republican lawmakers moved quickly last week to enact "right to work legislation," allowing workers at unionized companies not to pay dues to the union, which reduces bargaining power right in the uaw's own back yard. the measure has already been approved by both chambers of michigan's legislature, and final enactment could take place tomorrow. republican governor rick snyder supports the legislation. if enacted, it would make michigan the 24th state with right-to-work laws. recent strikes at a california shipping port are over, but concerns of outsourcing persist. last week, striking workers protested that their jobs were being outsourced. employers denied sending jobs abroad. however, there is evidence that some industries are ramping up outsourcing. consulting firm the hackett group estimates since 2002, 663,000 jobs from large u.s. companies have gone abroad, mainly from industries like information technology, human resources, finance and purchasing. by 20
delivery issues in several states, including iowa, michigan, wisconsin, and nebraska. it also says contingency plans are in place. we didn't see service advisories on u.p.s.'s website or the postal service website. what's adding to this is really that surge in online shopping i just told you about. it's got a direct impact on the shipping business. these shippers, they just had a huge increase in volume this holiday season, and some of the biggest single days ever. listen to this. u.p.s. says it made 28 million deliveries just last thursday. fedex says it moved 19 million packages on its busiest day. even the postal service says it moved a whopping 658 pieces of mail on december 17th. the weather is complicating issues. packages may arrive late in some places. carol? >> you're right about that. i mailed some packages last thursday, and u.p.s. told me i had a 50-50 chance of them getting there by christmas day. i'm keeping my fingers crossed. >> fingers crossed. >> alison kosik, thank you. >>> we have to talk politics. with the president and congress spending christmas away from was
flint, michigan, you have killed people. having seen first hand the effects of these corporate decisions, the outcry listen, drug abuse, the war suicides, all the social problems that go along with this act of violence, but we do not call it violence and no one has ever been arrested for it, i think it is a real shame. frankly, as an american, this is not how i want to be remembered. >> michael moore, the oscar- winning filmmaker who won the academy award for "bowling for columbine" after the massacre, speaking just hours after the massacre in connecticut. special thanks to filmmaker lorna tucker who is currently working on a documentary with the working title of "leonard peltier: an american prisoner." since friday's massacre in newtown, connecticut, that left 27 dead -- 20 children and six woman who tried to protect them" the national rifle association has been silent the powerful lobbying organization has refused to give interviews on monday, more than 150 gun control advocates marched on the nra's capital hill headquarters. among the more people directly impacted by gun violence. >>
and labor unions. michigan is set to be a right to work state. kelley? >> good morning steve, brian and gretchen. when he speak in michigan today. president obama will be stepping in the middle of i awe heated debate between unions and those who want to make michigan a right to work state. >> hundreds of union workers responding to the republican legislatures push to make michigan the 20th right to work state in the nation. gop lawmakers are expected to pass it. governor rick snyder once called the legislation divisive is backing the plan. >> this is somely focused on their relationship. shouldn't they have an opportunity to belong or not? it is good for economic development for more jobs coming to michigan. >> union workers disagree and argue that mish mishh was built on unions and clam that the gop majority legislature is attacking the middle class. >> it is important. they will try to reconcile the bills and the governor who didn't want the legislation is signing. we'll not stand for it >> over the weekend they continued to prepare members for staging demonstrations against did t
. speaker, very much. mr. speaker, as a representative from ohio, a state that borders michigan, i rise to stand in solidarity with the workers of michigan. many ohioans i represent actually drive to work in michigan. and due to the highhanded actions of michigan's governor and its legislature, they actually railroaded legislation through michigan with no hearings to take away the rights of michigan workers to fund the collective bargaining process that results in living wage workers' contracts. the workers of michigan are fighting to maintain their rights to a fair day's wage, for a fair day's work. i support their rights and the rights of every american to organize and negotiate by contract for proper pay and benefits, regardless of which state they live in. the rights of labor by contract are critical to growing our middle class as opposed to rights by happenchance that are always up for grabs where workers have no rights and live in fear of the future. michigan's republican ideologues passed so-called right to work legislation. let's be clear, the bill being pushed there should be c
of the coverage begins at 2:00 p.m. eastern. >> meantime, tensions boiling over in michigan. big labor unleashing its fury as the governor writes a right to work legislation into law. a live report from there next. goldman sachs ceo live from the deal book conference in a cnbc exclusive. what's his take on the fiscal cliff, the economy and regulatory land scape. [ male announcer ] with wells fargo advisors envision planning process, it's easy to follow the progress you're making toward all your financial goals. a quick glance, and you can see if you're on track. when the conversation turns to knowing where you stand, turn to us. wells fargo advisors. ♪ [ male announcer ] 'tis the season to discover the kid in all of us. enjoy free shipping and great values on your holiday shopping from l.l. bean. >> meantime, tensions boiling regulatory landscape. >>> welcome back. i wanted to take a look at shares of berkshire hathaway. earlier, right at the open, berkshire shares were halted. it was unclear why. then we got the news, a significant repurchase of -- or purchase, i should say, of shares from a s
to brownsville. everyone in this chamber will miss her. i know i speak for all of my colleagues when i michigan wish kay bailey -- when i wish kay billy hutchison the i have best in the next exciting chapter of her life. i join with my colleagues in saying to you, via condios. mr. hatch: mr. president, i want to join in thanking kay for her great service here in the united states snavment i've worked very closely with her on a wide variety of issues and i have to say there's no more fires advocate. in fact, i have to say that all of our women senators are fierce advocates and we've been greatly benefited by having them herement and kay has parved the way for -- has paved the way for autumn in of senators, both male and fe female, to become better senators. kay bailey hutch song is a great senator. she worked her guts out the whole time she was here -- and she's still here, but she's going to retire this time. and she represented texas well. and all i can say is that she's been my friend all this time, and when i needed help from her, she was always there. i tried to be there for her when she ne
to pull the trigger. you should have one too. knock out ko. allen in michigan. >> jim, booyah. i'm currently holding sprint and i've had a pretty decent gain. >> i don't want you to take that gain. i want to buy one. do not sell sprint it is a good one. matt in michigan. >> i was wondering about toyota or ford. >> i pulled up with the subaru guy. their business is good. i prefer ford to toyota. tracy in arkansas. >> yes, booyah. >> ctlp or cplp. >> okay yeah. it is an mlp. i've not like international shipping. we are going with the tried and true. let's go to bo in missouri. >> tell me about pepsico. >> i don't think it does anything either way until next quarter. i want to buy berkshire hathaway. a great housing play. let's go to corey in north carolina. >> how about the red skins last night? >> alfred morris has put me at 7 and 6 in my fantasy league. the pringles is good. raw costs coming down. management has it together and kellogg is for me. and that is the conclusion of the lightning round. coming up. rise above. cramer is keeping you one step ahead of the fiscal cliff fias
the gentleman from michigan, mr. curson, for five minutes. mr. curson: thank you, mr. chairman. i ask unanimous consent that all members have five legislative days in which to revise and extend their remarks and to insert material into the record on the subject of representative emanuel cleaver's retirement as chair of the congressional black caucus. the speaker pro tempore: without objection. mr. curson: i, too, offer my congratulations to representative cleaver for his service to all americans as the c.b.c. chair. millions of americans are out of work through no fault of their own. millions of americans are relying on federally funded benefits to make ends meet and -- as the nation starts recovering. these long-term benefits for the unemployed will immediately and completely stop on december 29, 2012, unless we in congress act. there is no phaseout. every individual receiving those benefits now will be cut off cold. the department of labor estimates that over two million americans will lose their emergency benefits at the end of the year, including over 92,000 people in my home state of michi
ablow is here to explain. and michigan will soon be a right to work state. will others follow? this holiday, share everything. share "not even close." share "you owe me..." share "just right." the share everything plan. shareable data across 10 devices with uimited talk and text. by htc for $49.99. sven gets great rewards for his small business! how does this thing work? oh, i like it! [ garth ] sven's small business earns 2% cash back on every purche, everday! woo-hoo!!! so that's ten security gators, right? put them on my spark card! why settle for less? testing hot tar... great sinesses deserve great rewards! [ male announcer ] the spark business card from capital one. choose unlimited rewards with 2% cash back or double miles on every purchase, every day! what's in your wallet? here's your invoice. >> the british nurse to received a prank call by an australia radio station asking for information on william's wife kate was found dead apparently from suicide. is the public humiliation to blame for this tragedy. a member of the fox medical a-team, hi, dr. ablow. >> good morn
. >>> the michigan house has approved a controversial right to work bill even as workers protested outside. that follows approval by the state senate last week. michigan governor rick snyder said he will sign that bill. more than 12,000 workers crowded into michigan state capital as legislature began debating right to work law. that prohibits unions from compelling members to be members and pay dues. security was tight. police in rite gear and carrying spray canisters on their belts. >>> what happens to the u.s. economy if we do go over the cliff? >>> the government cashes out of aig. what's next for the company and for the ceo? but when i was in an accident... i was worried the health care system spoke a language all its own with unitedhealthcare, i got help that fit my life. so i never missed a beat. that's health in numbers. unitedhealthcare. tdd#: 1-800-345-2550 at schwab, we're committed to offering you tdd#: 1-800-345-2550 low-cost investment options-- tdd#: 1-800-345-2550 like our exchange traded funds, or etfs tdd#: 1-800-345-2550 which now have the lowest tdd#: 1-800-345-2550 oper
at that time. i took a look at it and when i got into the hospital in michigan, one of the fellows i met was modeled -- bob dole and we became good friends even to this day. i asked him what are your plans. and he, without hesitating, said i'm going to be a clerk. after that i'm going to run for the state house, first opening in the commerce. that's where i'm going. i figured that's a good idea. so i went to law school and became assistant prosecutor when the territorial losses became available i ran for that office and when the state could came along i got to congress a little ahead of bob. >> you were in the territorial legislature then before you came here. >> two terms in the house and in the senate. >> and then came here as a member of the house and who did you come here without that time? >> only one member of that time. >> you mentioned senator dole and the fact you were then in the hospital with him in michigan. it's amazing that some of these friendships were formed long before any public service. he talks about being a friend of -- excuse me, the senator from wyoming, al simpso
's for sure. >> the cliff and some of the stuff happening in michigan as well. >>> netflix received a notice from the s.e.c. regulators warning that they may bring civil action against the company and reed hastings for violating public disclosure rules by posting something on facebook. back on july 3rd the ceo posted and here's the quote netflix monthly viewing exceeded 1 billion hours for the first time ever in june which seems -- he thought that was fairly innocuous, but the s.e.c. says it violates regulation fd which is the public disclosure. you have to make full and fair public disclosure of what would be considered material nonpublic information. and hastings says this is crap. he's dismissing the s.e.c. contention saying he did not believe that the post was material on facebook. in a letter yesterday he also suggested that because the post was accessible to more than 244,000 subscribers to the page, it was very public. shares of netflix not much happened. there are other things happening with the company, too. we'll talk with an analyst who covers netflix in about 11 1/2 minutes. >>>
passed in michigan. hostess liquidates its brands after a battle with its unions leaving 18,000 without a job and now the show may not go on for some theaters on broadway as union members are authorizing a stray. just about 12% of all workers belong to a union in had country today, 12%. it's leading some to wonder does it pay to become a union member anymore. justin wills ops of the center for union facts says the union label is toxic to the label and our other guest takes a different view. justin, you say the union brand is toxic to many workers and companies. make the case. >> got to a point where the modern unionizing schemes unions doesn't call themselves unions anymore. in the case of new york city they launched a campaign to try to unionize the fast food restaurant. they didn't call it the fast food restaurant unsions, they called it fast food forward. at this point i think unions are finally realizing that their brand is so toxic that they actually need to start rebranding themselves because frankly they haven't been willing or capable to actually adjust to a 21st century economy
29, 2000, in flint, michigan. there a 6-year-old boy brought a gun to buelle elementary school in mount morris township. he killed his first grade classmate kayla roland. that's in flint, michigan. i'll take you back to 1979. san diego, california. fortunately, there, alex, brenda spentser, at the time, 16, pulled out a .22 caliber rifle from her family's house across the vietnam and said after she had shot some students, i just don't like mondays. this is really a tough and emotional story to watch when we listen to some of the children what they have to say here, alex. we think of these places as safe havens, and, unfortunately, today it was not. >> nbc's -- nbc -- msnbc's richard lui. chelg -- i don't know what the word is to describe this. horrifying, chilling, a moment of national tragedy. you know, the culture -- we talk about violence. it's not something that is just happening in schools. it's not something that's just happening 234 movie theaters. we were talking during the break about violence that's happening in chicago. these are record numbers of shootings over the
of the campaign to prevent gun violence. the attorney for the michigan and responsible gun owners. let's start with you. you were pretty outspoken saying this is time to bring in new gun control laws. >> yes. if this doesn't wake us up, i don't know what will. i was heartened that the president said we had to take meaningful action and the only thing he can do is lead a crusade for reasonable gun control legislation in congress. these massacres are taking place more and more often. we saw bay the way today a similar incident in china where a mad man attacked an elementary school in china with a knife with 22 injured children. not dead. that's the difference. in the united states we have 9,000 people killed with guns last year in similar countries like germany, 170 and canada 150. there is a reason for that. >> what would you like to see in terms of specific gun control? >> there a number of pieces of legislation we have been pushing. no reasonable gun owner who is a sportsman can object to bans on assault weapons made only to kill as many human beings as possible like in a military situation.
. let's go to dan in michigan as i ignore the buzzer. dan. >> caller: hey, jim, thanks for taking my call and thanks for helping me trying to understand the stock market. >> my pleasure. ford which seems to be finally doing well. do you think i should hold on to ford or invest in toyota? >> no, i think europe could turn for them. they've taken their medicine. the united states is good. i think ford is going to finally run. let's go to dan in michigan as i ignore the buzzer. dan. >> caller: hey, jim, thanks for taking my call and thanks for helping me trying to understand the stock market. >> my pleasure. thank you so much for the kind words. >> caller: my question is about weyerhaeuser. symbol wi. it's close to its 52-week high. do you think taking some profits -- >> no, no! i think this is a great housing play. i think 2013's going to be big. wy, actionalertsplus.com, we are not a seller. we are a buyer! let's go to james in ohio, please, james. >> caller: yeah, hi, jim. this is james from ohio. >> all righty. >> caller: i'm a big fan of you. what's your opinion on next era energy?
. an hour ago it was 27 degrees. cooler ougt there across indian parts of illinois and into michigan and wisconsin. the cooler air mass starting to head eastbound. minneapolis this morning you are looking at a current temperature at 20 degrees. 30 in chicago. you will need found el up. the colder air is heading eastbound. southeast will be able to impact later on tonight and into tomorrow. eye temperatures not warming a whole lot. today high temperatures not too bad across the southeast. 54 the high temperature in new york city and across texas. not too bad in the 70s. it is december supposed to be a little cooler out here than it has been for the last couple days. cold front headed eastbound and will be firing up showers. we are already seeing that across portions of new england and parts of mississippi and louisiana. heather, patti ann? >> thank you very much. it is december, right? >> it is time now to entertain this. the hollywood sign looking it's best after a major make-over. the biggest in 34 years. it's nine 50-foot tall letters were refurbished and given a fresh coat of pain
class family. >> a michigan woman said to me that is a month worth of groceries. also gets up to three years transportation to and from work. >> democrats want taxes to increase for americans earning over to london $50,000. republicans want texas a the same period >> republicans want taxes to stay the same period >> i offered over a trillion dollars in additional spending cuts so that we would have $2 of spending cuts for every $1 of increased revenue. >> the senate reconvenes at 11:00 a.m. so as americans celebrate the beginning of 2013 they may wake up wishing it was 2012 when they had more money in their pockets. >> i am andrew spencer reporting. >> secretary of state hillary clinton was hospitalized with a blood clot. >> doctors say this is a medical problem related to a concussion she recently suffered. >> blood clot was found yesterday during a feollow up medical visits. >> you remember 65 year-old clinton suffered a concussion several weeks ago after feigning while recovering from a stomach virus. >> location of the blood clot remains unknown. >> this is a video of the firefight
's michigan avenue tonight. good evening, john. >> reporter: good evening, natalie. just because christmas is over, it doesn't mean that the shopping is over, as well. today is the beginning of retailers' second season, and this year it's a chance to make up for some lackluster sales before christmas. in detroit, shoppers lined up before stores opened, ready to spend. >> i'm returning things and i'm buying things. >> reporter: that's the way it was across the country as americans flocked to stores to use gift cards. >> you're lucky. >> yes, i am. >> reporter: or return what was under the tree. >> consumers tend to spend more when they come in and return the gift. and that's that second season that retailers love. >> i'm going to do well today. yeah. i'm going to take advantage of it. i'm going to get as much as i can. >> be sure to check out our $5 t-shirts today. >> reporter: stores are luring with deep discounts. >> better than last week. >> we saved a chunk of money for this day specifically. >> reporter: the savings are across the board from designer goods to electronics. >> there's go
swing voters, the pennsylvania, michigan, ohio etc. who he no longer needs maybe he'll have the backbone to raise this issue. time is short tonight. i want you to come back in the next week or two because we've got to develop a strategy which elected officials we can say please, pick up this issue. run with it. it's your moral responsibility. there are others, john, i hope you'll help us to figure out who they might be. >> i would love to, and we need leadership in the media as well in washington. >> eliot: john rosenthal co-founder of to have handgun violence and the american hunters and shooters association. thank you for joining us tonight tonight. >> my pleasure. i look forward to coming back. >> eliot: next up, the deadline has arrived on climate change. will it pass with nothing happening? honest. they know that i'm not bs'ing them with some hidden agenda, actually supporting one party or the other. when the democrats are wrong, they know that i'm going to be the first one to call them out. they can question whether i'm right, but i think that the audience gets that this guy, t
something bad they ever going to figure out a way the do it. >>reporter: michigan house just this week approved the concealed weapon law allowing trained people to carry guns in schools day cares stadiums and churches. an idea that he says could have brought down the connecticut shooter faster if the law was in place there. >> somebody were to have a gun there concealed weapon properly trained know how to use it that could have the situation could have not gotten as far as it dichlt i can not think that is a solution. i think bringing more firearms into an already confused situation is only going to create more bullets flying and more innocent bystanders being killed. >>reporter: the connecticut gunman used a glock and semi-automatic handgun both available here in california. if you pass a test background check and wait 10 days. the sacramento, abc 7 news. >> abc 2020 will be devoted to the connecticut school tragedy tonight at 10:00 o'clock over on abc 7 with special report. and we'll bring you early edition of good morning weekend tomorrow at 4 and again at 7:00 a.m. and special
people and shouldn't be prohibited from carrying in schools or other places. in fact, the michigan legislature passed a bill last night and sent to the governor for signature a bill that would allow those of us who are licensed to take more day of training including range time and be able to carry in the places where we couldn't carry before. >> why on earth would you want more guns in schools after what happened today? >> here's why, piers. if we could suddenly make all guns disappear, i would have a different position. i spend a lot of time thinking about this and reading about this. i teach a class called gun control seminar and i get a new group of law students every term and we discuss this in detail. the simple facts are guns exist. they are essentially 1800s technology. even sell u automatics came into being in the late 1800s. they are easy to make and last several human lifetimes with minimal maintenance. since guns exist and we know for a fact that the only way to stop an evil person like the person you were discussing earlier in the show is to shoot them. >> hang on. this
'm proud of having it. kellogg's, i think that is -- battle creek, michigan, terrific food company, jpmorgan, good bank, general mills, well, wait a second, we've got two of a kind. that's a match game one. i'll come back to that. procter, my charitable trust bought today. ibm, also charitable trust. we're going to keep kellogg, we're going to -- oh, boy, penpal's going to get mad at me, but we can't have both of these. we're going to swap out the general mills put in bristol-myers and own jpmorgan, a bank stock and then we will have diversification. ♪ hallelujah >> that makes me feel at home. let's go to scott in west virginia. scott? >> caller: hey, jim. i've got kellogg, k, norfolk southern, nfc, disney, dis, abbott laboratories, abt, bank of america, bac. >> mountaineers, wasn't their year, like that team, though. okay. here we go. disney, doing a remarkable job. did anyone else like it besides me after that quarter? i stuck by it. bank of america, financial, abbott drug company, norfolk southern, kellogg food, it's a food, transport, drug, entertainment, bank, bingo, perfect
minutes to the gentleman from michigan, the distinguished ranking member of the committee on ways and means, mr. levin. the speaker pro tempore: the gentleman from michigan is recognized for three minutes. without objection. mr. levin: this is an important moment, an important moment. these bills move the nation dangerously closer to the cliff, with only 11 days before our nation would go over it. they make finding common ground far more difficult with only 11 days left to find it. these bills are not a plan. they're a ploy. they are bills to nowhere. they undermine trust so essential for agreement. we've just heard it. the republicans claim that letting the tax rate go up from 35% to 39.6% on income over $1 million is not a tax hike because it would happen on its own. but then they say that if the tax cut would go up on income below $1 million by happening on its own, it would be the biggest tax increase in history. that is patently that is inconsistent. the far worse than hypocrisy is the way they deseen their tax provision. for those with incomes over one million, they provide
: earl is next from grand rapids, michigan, on the republican line. caller: thank you. i find myself hardly ever agreeing with a democrat, but the democratic lady a couple calls ago hit it on behethe hea. i am retired and just got my social security statement for next year. i contributed to the system 47 years. i discovered that a young girl on welfare with three illegitimate children gets $100 more per month from the social security fund and i do. two kids on ssi for $1,300. she never worked a day in her life, she gets $285. and she gets covered by medicare. host: is this someone you know? caller: i notice for a fact. i worked as a volunteer at a social agency where i saw this happen day in and day out. i have witnessed this. host: you think congress needs to pull back on the social security compromises? caller: i think they have to take the people that are not entitled to social security out. of the out -- out of the system. why should we take someone who has dropped out w of societyout who has dropped out of high school? host: another story that we noted at the top of the program.
for charitable giving. back to the phones. jack in allenson, michigan, on our line for independents. go ahead, jack. caller: i want to ask mr. rosenberg if he has ever heard of lincoln electric in cleveland, ohio. host: and why did he wanted to know that? caller: well, they wrote a book, james f. lincoln wrote a book, a new approach to industrial economics where they have no unions. everybody is responsible for their own work. they do peace work. everybody's responsible. everybody has a lifetime job. they get huge pieces of the pie. and ownership is -- the people, the workers, everybody owns the piece of the pie. host: what does this have to do with the fiscal cliff? caller: well, if more -- if more people -- if more industries would go to that, they wouldn't fall off the cliff. everybody would go to work. host: mr. rosenberg? guest: so i haven't heard of that but it sounds like a great place to be and live. i would have to get the name of that again. host: next up is don on the washington redskins. -- "washington journal." caller: i've been on social security for several years now. it's my u
worked for president george w. bush. and debbie dingell, vice-chair of al gore's campaign in michigan in 2000. debbie, let's start with you. john boehner, speaker of the house, came out the day after the election and said okay we'll put revenues on the table. we will raise taxes but want to do it by limiting deductions. we don't want to raise rates. no real response on that from the president's team. isn't that kind of an olive branch? >> look, i think that democrats and republicans at a senior level understand we can knot go over the fiscal cliff. i think there's a lot of positioning, a lot of posturing. quite frankly sunday talk shows may have even made me a little edgy but as a watcher of washington for a long time we have got leaders that though we can't go over the fiscal cliff and they have to get in a room and start talking. jon: as a watcher of washington, debbie, you've been telling spouses of medical members of congress, don't buy a turkey for instance. >> well, they can buy a ushg it can i but i warned them for weeks do not expect to see your spouses until christmas. i am o
direction? mr. durbin: in response to the senator from michigan, the republican senate leader, senator mcconnell, has such a strong appetite for the filibuster that we have seen 386 or 387 filibusters in the last six years, and now he has decided another good idea is to propose a bill and then filibuster your own bill. i do believe that's history in the making, but that's why this appetite for the filibuster in the senate has to change. what an abuse that we can't have a majority vote on something the republicans proposed and the democrats were prepared to vote for. this would have been a true bipartisan measure. good news, maybe lead the news across america. it really is unfortunate. mr. schumer: would the minority leader yield? mr. reid: madam president? i have some business here. you will get the floor right back. madam president, i now move to proceed to calendar number 554, s. 3637. the presiding officer: the clerk will report the motion. the clerk: motion to proceed to the consideration of calendar number 554, s. 3637, a bill to temporarily extend the transaction account guarantee p
's in michigan today with extension from daimler. >> no, that's right. ironically michigan might vote to become a right-to-work state which could help their manufacturing competitiveness, as well. but thatroceeen going on for 20 years. now, look, we think we probably need to cut the corporate tax rate and have a territoriality agreement so we stop trying to tax profits of u.s. domiciled countries twice. but if we can do those things we think manufacturing will start coming back. it's not going to really happen in a major way in '13. but you know, '14, '15, these benefits will start to accrue to the economy and if it looks like there's a real strong case for a pickup in earnings growth, in '14, then the market will start to price that in the backup of '13. >> we spend so much time talking about what's going to happen in washington over the next 20 days. it's nice to actually have a conversation about what will happen in the next twelve months. brarry, thank you so much. >> i had to force myself to do it. >> barry knapp at barclays in new york. thanks, man. where's the love for the twinkie? today
? >> we're looking for university of michigan, and it should come out momentarily. 72.9. so 72.9 on university of michigan sentiment survey. of course, this is the december final. it's going to be comped to 74.5. but that's a little bit disingenuous. it really should be comped at 82.7. that was the final reit to last month. we definitely take a bit of a backup here. how does 72.9 fit in. we vice president been below 72 point 9 since july. it was 72.3. maybe a little bit of a disappointment. of course, last night's issue with the vote, obviously didn't make the survey. but it will make the survey of what the markets try to define for the rest of the day. back to you. >> all right. thank you, rick santelli. jim, you know, let's talk about what's on "mad" tonight. >> tipco is one of these stocks, there's a bunch of them, i mentioned red hat. these are companies, s.a.p., oracle, you bring them in and you save money. you go to harrah's, and it's put together by their team. you know when you go into amazon, david let's say you like books on gardening, the next thing i know it puts yo
. michigan's blow to the organized labor movement. adam shapiro and melissa francis are up next. ♪ there is no mass-produced human. every human being is unique. and there is one store that recognizes it. the sleep nuer store. the only place in the world you'll find the extraordinarily comfortable sleep number expernce. an exclusive collection of innovations that totally individualize your sleep. perfectly comfortable pillows that adjust to your size and shape. temperate-balancing bedding. dual warmth comforters. all designed around the sleep number bed: a bed with dual-air technology that allows you to adjust to the supportouour body needs. each of your bodies. in the name of human individuality: the sleep number collection. discover how our sleep professionals can individualize your sleep experience. exclusively at one of r 400 sleep number stores nationwi. sleep number. comfort individualized. this holiday season, give the gift that's magical: the innovative airfit adjustable pillow at special 30% savings. dennis: aig, four years after that horrible meltdown will sell off a
live in pontiac, michigan, with more. >> i'm surrounded by the team that put this together. all these folks you see are the ones who put together the gm sierra and silverado pickup. we talked to mark reuss earlier in the day talking about the fiscal cliff being introduced at a time when the country could be an economic role. telling me he think they will make money even if the nation goes forward over the fiscal cliff. >> we can make a lot of money at fiscal cliff levels, but plans in place to do all that. we don't think we need to. >> what does your internal planning say if you go over? >> we take a look at different car lines by segment and look at where the strike is a and look t the pent-up demand. >> this is a huge vehicle for gm, the best-selling of all gm vehicles. a quick look at what they unveil look like, a really exciting unveil. harkening back the old old days where they blew things up and crash cars through things. a big unveiling for g gm. good luck to them, they will need it. ashley: love the fireworks. jeff flock, thank you very much. tracy: talks in washington s
the president in michigan. tracy: loud anddclear. housing short sales job ahead of new year tactics changes. one expert will tell us how it can impact the fragile recovery. ashley: first, a look at some of today's winners and losers. these stocks are doing well. cisco up about 2%. we will be right back. ♪ you know how painful heartburn can be. for fast, long lasting relief, use doctor recommended gaviscon®. only gaviscon® forms a protective barrier that helps block stomach acid from splashing up- relieving the pain quickl try fast, long lasting gaviscon®. ashley: the department of justice antitrust division breaking records this year. rich edson has the exclusive details. rich: the most in the 122 year history. nearly 50% increase over 2011. this data provided exclusively to fox business. it was confirmed by the justice department. or then a half billion dollars to auto department and executives. those and several other small the antitrust division says the ongoing investigation into other auto department companies could set up 2013 as another record-breaking year. >> we have other wide ran
: philip. michigan. democratic caller. caller: thank you. this is not so much a tax question. i used to work for a food company in 1972 that was very large, employing 3000 or more, closing in 1985. people here have lost their jobs. why does the government not do something to cut their jobs? for instance, do we really need the cia, the federal marshals here and there? why do they not get the federal bureau to cover everything? host: that is philip's idea. on twitter, a follow-up with the small-business owner we heard from, saying they eliminated business averaging which is hopeful to small businesses with fluctuating income. guest: it guest: under income averaging, if you have a fluctuating in a come -- income, you pay low rates when your income is low, high rates when your income is high. the average maybe higher than if you had constant and come over that time. income averaging the be the ability to average over years and pay tax at a rate equal to the harvard marginal rates that would apply to your average income. it was an attempt to address the fluctuating income problem. host: m
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